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New Deal


Announced

Hydro sells Romanian extrusion plant to Hammerer Aluminium Industries.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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extrusion plant

Private

Capital Goods

Pending

Infrastructure

Romania

Friendly

Acquisition

Single Bidder

Synopsis

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Hydro, a Norwegian aluminium and renewable energy company, headquartered in Oslo, sold Hydro Extrusion, which operates a Romanian extrusion plant, to Hammerer Aluminium Industries, an aluminium producer. Financial terms were not disclosed. The decision to sell Hydro Extrusion is part of the overall review in Extruded Solutions, aiming to optimize and streamline the portfolio.

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